Acadian Asset Management (NYSE:AAMI) Sets New 1-Year High - Here's What Happened

Key Points

• New 52‑week high: Acadian Asset Management (NYSE:AAMI) reached a one‑year high of $60.24 mid‑day and was last trading near $59.02 on volume of about 23,445 shares.
• Analyst picture is mixed—several firms raised price targets or upgraded ratings (including Weiss Ratings and Wall Street Zen), but the MarketBeat consensus remains Hold with an average target of $53.33.
• Fundamentals and payout: the company reported quarterly EPS of $1.32 on $169.7M revenue, raised its quarterly dividend to $0.10 (annualized $0.40, ~0.7% yield), and has a market cap of $2.09B and a PE of 26.52.

Acadian Asset Management Inc. (NYSE:AAMI - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $60.24 and last traded at $59.0150, with a volume of 23445 shares changing hands. The stock had previously closed at $56.27.

Analyst Upgrades and Downgrades

AAMI has been the topic of several analyst reports. Morgan Stanley boosted their price target on shares of Acadian Asset Management from $50.00 to $54.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 1st. Royal Bank Of Canada boosted their price target on shares of Acadian Asset Management from $52.00 to $54.00 and gave the stock a "sector perform" rating in a report on Friday, February 6th. Weiss Ratings restated a "buy (b)" rating on shares of Acadian Asset Management in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded Acadian Asset Management from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $53.33.

Acadian Asset Management Stock Performance

The business has a 50 day moving average price of $52.96 and a two-hundred day moving average price of $49.49. The stock has a market cap of $2.09 billion, a PE ratio of 26.52 and a beta of 1.26.

Acadian Asset Management (NYSE:AAMI - Get Free Report) last announced its earnings results on Friday, February 27th. The company reported $1.32 earnings per share for the quarter. Acadian Asset Management had a return on equity of 165.86% and a net margin of 14.19%.The firm had revenue of $169.70 million for the quarter. As a group, research analysts anticipate that Acadian Asset Management Inc. will post 2.78 earnings per share for the current year.

Acadian Asset Management Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.10 dividend. The ex-dividend date was Friday, March 13th. This is a positive change from Acadian Asset Management's previous quarterly dividend of $0.01. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%. Acadian Asset Management's dividend payout ratio is presently 18.10%.

Insider Transactions at Acadian Asset Management

In other Acadian Asset Management news, Director Robert J. Chersi sold 28,753 shares of the business's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $51.30, for a total value of $1,475,028.90. Following the transaction, the director directly owned 37,384 shares in the company, valued at $1,917,799.20. The trade was a 43.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barbara Trebbi sold 9,691 shares of the business's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $51.22, for a total transaction of $496,373.02. Following the completion of the transaction, the director owned 35,771 shares in the company, valued at approximately $1,832,190.62. The trade was a 21.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 26.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC boosted its stake in Acadian Asset Management by 380.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 802 shares of the company's stock valued at $38,000 after acquiring an additional 635 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in Acadian Asset Management in the second quarter valued at about $31,000. Raymond James Financial Inc. purchased a new position in Acadian Asset Management in the second quarter valued at about $61,000. WealthCollab LLC purchased a new position in Acadian Asset Management in the second quarter valued at about $65,000. Finally, Kestra Advisory Services LLC purchased a new position in Acadian Asset Management in the fourth quarter valued at about $119,000. 98.69% of the stock is currently owned by hedge funds and other institutional investors.

Acadian Asset Management Company Profile

Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.

The firm's core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.

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